1117 Thomasville RdTallahassee, FL 32303

Property Details for 1117 Thomasville Rd

Year built

1956

Construction

FRAME

Lot size

0.83 AC

Property size (Sq ft)

16,936 SF

Property type

Office properties

Property subtype

Office buildings

APN

21-25-53-000-002-0

APU

2125530000020

Description

This exceptional Class A office space, located at 1117 Thomasville Road in Tallahassee, Florida, presents a fantastic opportunity for businesses seeking a convenient and well-appointed location. The suite, totaling 1,415 square feet, is part of a larger 16,000 square foot, two-story building situated on one acre of land. The property boasts a CU-45 zoning designation and features a mix of existing private offices and cubicles, offering flexibility for various business needs. The full-service lease includes access to a shared conference room and kitchen, adding convenience and collaborative potential. Ample parking is available with 51 spaces provided. The building's prime location on Thomasville Road offers easy access to major thoroughfares, including Thomasville Road and North Gadsden Street, and benefits from proximity to local amenities such as Whataburger and Midtown Reader. The asking rate is $13 per square foot. The property's APN is 21-25-53-0000-0020 in Leon County. This is a multi-tenant building with 1,550 square feet currently available.

• CAP approach

  CAP return

  Valuation

  6%

  $3,505,848

  6.5%

  $3,236,168

  7%

  $3,005,013

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,203,980

  Geo Method

  $1,203,980

• Alternative Use

  Use

  Valuation

  Residential

  $4,012,848

  Hospitality

  $3,675,747

  Educational

  $3,058,178

  Medical

  $3,163,354

  Retail

  $4,757,166

Location Insight

City

Tallahassee

County

Leon

State

Florida

Latitude

30.4548

Longitude

-84.2774

CBSA code

45220

CBSA name

TALLAHASSEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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